A market research group conducted a survey of 1000 consumers and reported that 720 consumers like product A and 450 consumers like product B. What is the least number of consumers that must have liked both products?
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Solution
TOTAL CONSUMERS=1000 CONSUMERS WHO LIKE A=720 CONSUMERS WHO LIKE B=450 TOTAL CONSUMERS WHO LIKE A & B=720+450=1170 i.e. LEAST NUMBER OF CONSUMERS WHO LIKE BOTH A & B=1170-1000=170